Bond To Earn BTE — The Introduction

2 min readNov 30, 2021

Introduction

What is BondToEarn?

BondToEarn is a decentralized backed by assets protocol represented by BTE token. Each BTE token is backed by a basket of assets including stable tokens (e.g. BUSD, DAI) in the treasury, giving it an intrinsic value of assets in the treasury. Inspired by Olympus, we introduces unique economic and game-theoretic dynamics into the market through staking and bonding.

What is the goal of BondToEarn?

Our goal is to build a policy-controlled reserve currency system, in which the value of the BTE token is strictly controlled by the DAO. In the long term, we believe the assets in the treasury can be used to optimize for stability so that BTE can function as medium-of-exchange assets. In the short term, we intend to grow the assets in treasury and wealth creation.

How to participate BondToEarn?

There are two methods for market participants: staking and bonding.

Stake your BTE tokens in return for increasing your BTE tokens,
Buying Bonds by LP or DAI tokens for discounted BTE tokens after a fixed vesting period.

Governance participants can get involved on our forum and through discussions on our discord server. We are always welcome new community members to contribute!

What could you get BondToEarn?

The main benefit for stakers comes from the supply growth. The protocol mints new BTE tokens from the treasury, the majority of which are distributed to the stakers. Thus, the profit for stakers will come from their auto-compounding staking contract.

The main benefit for bonders comes from the short term discount price and the potential of rising BTE price when the bond fully mature. Bonders commit a capital upfront and are promised a fixed return at a set point in time.

BondToEarn is DAO-governed. All decisions are formed by community members on the forum and made by token holders via snapshot voting. We are excited to embark on this journey, and we hope that you join us together.